Impact Hub MSP believes in creating opportunities for our members and the broader community. We host events that businesses leverage to take their venture to the next level and to drive social impact in the Twin Cities. Want to partner? Reach out!
Entrepreneurship 4 Good: Impact Leadership Cohort
Part graduate course, part online accelerator, this program is designed for those who are starting or hoping to start a new mission driven venture.
It uses a cohort learning model convening 6-10 people over 10 weekly sessions. Each class session is live, online for 90 minutes. Based on the content of the graduate course taught by the lead instructor, Terri Barreiro, the series goes deep into all the best practices for an effective social venture business plan.
The result for you will be a deep understanding of how to launch or expand your specific business!
Interested in joining our Spring Cohort? Apply below!
- How does it work?
Each week a new aspect of venture development is introduced. The weekly live sessions will include mini-lectures, group discussions and practice applying the concept to your venture. You will have access to pre-recorded topic videos and the textbook and related workbook. The cohort will have a private group channel that will allow for peer discussion and feedback and access to all pre-readings. Each session will be recorded for later reference. See weekly session outline below.
- How much does it cost?
Tuition fee is $450 for 10 sessions plus a pitch event to an audience of other entrepreneurs and investors – payable in 3 payments. Individuals living in Minneapolis or starting their business there may be eligible for tuition waiver. For more information on the B-Tap fee waiver contact [email protected]
A deposit of $100 is required upon acceptance into the cohort. If your completed B-Tap application is approved by the City of Minneapolis that deposit will be refunded.
- When does the Cohort run?
The Fall Cohort runs October-January. The Spring cohort will begin in April 2021 – specific dates TBD.
- Tell me more about the instructor.
Terri Barreiro has over 30 years of work experience in philanthropy, nonprofit leadership, systems change, collaborative leadership and 15 yeas in higher education. Learn more via Linkedin.
- What materials will be used?
The primary textbook is Social Entrepreneurship: From Idea to Viable Plan (included in course fee). Additional materials will be provided on a private shared drive that supports readings, videos, uploaded documents and interactions between cohort members.
- What is the outline of sessions?
Week 1: Overview of social entrepreneurship & structure options
Week 2: Getting clarity about the issues you address and explaining it to others
Week 3: Know your customer
Week 4: Introducing the Business Canvas and the Logic Model
Week 5: Defining, describing & measuring your impact
Week 6: Financing – Creating a realistic budget, projections and cash flow
Week 7: Finding financing
Week 8: Getting started – Minimal viable product design
Week 9: Writing a business plan
Week 10: Elevator pitches and promo video development
The Chameleon Consortium is a private-public group dedicated to the experiential and economic vitality of downtown Minneapolis. Our purpose is to create vibrant downtown experiences by transforming empty retail spaces into equity opportunities for minority- and women-owned businesses. We’re passionate about opening up business opportunities that may not have been possible before. We’re thrilled to be a part of an evolving downtown that evokes inclusive interest, attraction and pride.
Every other Wednesday, a variety of content experts volunteer for Impact Hub to provide coaching, advice and mentorship to our members. These professionals have volunteered their time to advise social entrepreneurs in areas such as fundraising, financial planning, human resources and legal issues. Not exactly sure what steps you need to take to build your business? General experts are available to help direct members to exactly what they need.
A series of engaging workshops and discussions intended for those at every stage of their entrepreneurial journey. Just getting started? Been planning something for a while but don’t know how to get off the ground? Have you been in the game for a minute but want to grow your enterprise further? We’re got you covered! Just pick the workshops that teach the skills you need – à la Carte style.
Based on the notion that entrepreneurs discover solutions and engage with their communities over a million cups of coffee, the Ewing Marion Kauffman Foundation developed 1 Million Cups in 2012—a free program designed to educate, engage and inspire entrepreneurs
- Extra Support: a contact at Impact Hub to help you navigate any ups or downs.
- Community: you’ll be part of our membership which means potlucks, climbing club, and much more. You’ll also be in a cohort of other students participating in internships at the same time.
- Personal and professional development: you’ll have access to Impact Hub’s training programs and workshops specifically designed for you.
Students are not the only ones who benefit! Participating businesses will have access to a team dedicated to making the internship process as easy as possible. From the start, we’ll be there to help you craft your job description, meet your intern, and provide any needed troubleshooting along the way. Our connections to the top schools in the area streamline the selection process. Let us recruit for you! Businesses must be an Impact Hub member to participate.
Communities of Practice
Topic and sector-focused peer-to-peer learning networks provide structured opportunities for sharing best practices and technical knowledge. Current Communities of Practice: Impact Investing & Impact Measurement and Reporting.
For the purpose of this map, an impact investment is defined as an investment that seeks to create both positive financial return as well as positive social or environmental impact that is actively measured. This map has allowed our local impact investing community to understand the breadth and complexity of the impact investing activity in the twin cities as well as provide context to each organization how they fit within the ecosystem.